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Biolsystems Co., Ltd produces Bio Ethanol Fuel from Seaweed. The company started the business as a government program with a US$5.8Million grant. It holds the exclusive license to 5 patents from KITECH(Korea Institute of Industrial Technology) for 10 years and has the rights of first refusal when the patents are to be sold. It is in the process of building the pilot facility with a capacity to produce 4000L of Bio Ethanol Fuel per day by 2011
Also we have the techniques for useful materials from seaweed, It applicate to various industrial field.
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